Contact Information

Mobile Home Park Details

  • Price: $129,900
  • Purchase Method: Cash
  • Property ID: 1121044
  • Posted On: Aug 14, 2019
  • Updated On: Aug 14, 2019

Property Description

Monthly Cash Flow $3,625, rent for all 8 units

Cash buyers call now for more information - 704-275-9150

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8 units Mobile home park with 7 units rented and bringing in a total of $3125/month. The 8th unit is getting remodeled, and already has a tenant ready to move in. With all the units being rented, the potential cash flow would be $3625/month, generating a 2.8% ROI per month! That's over 30% per year!

All the tenants are stable and long term with some being in there for more then 20 years, always paying on time on a month-to-month basis.

Besides these 8 units, there's still 2 acres of land available, 2 more units can easily be added.

One well easily supports all homes and they all have there own septic tank.
There is one window unit and electric heat provided in each unit. Unit#8 has HVAC.

Unit#1 - (2/1), Currently rented for $500/month. The inside of this unit has been completely remodeled in 2018/2019, still needs part of the roof put on. Remodel includes the insulation, sub floor, floors, appliances, counter tops, lighting, paint, ceiling work, plumbing, shower/tub and surround toilet.

Unit#2 - (2/1), Currently Not Rented, but will rent for $500/month. This one is under complete remodel. There is already a tenant ready to move in.

Unit#3 - (2/2), Currently rented for $450/month. This unit was updated in 2017/2018 with new sub floor and flooring and paint in a few rooms, new counter tops, new shower/tub surround and new toilet.

Unit#4 - (2/1), Currently rented for $435/month. This one does not have any recent updates. Floor and sub-floors were replaced around 5 years ago. The unit is in pretty decent condition.

Unit#5 - (2/2), Currently rented for $435/month. No recent updates in this unit. Tenant has not been complaining on anything.

Unit#6 - (3/1.5), Currently rented for $435/month. This unit was remodeled in 2018 with new sub floor, flooring, paint, plumbing, insulation, new appliances, vanity, shower/tub with surround and toilet.

Unit#7 - (2/1), Currently rented for $435/month. No recent updates in this unit.

Unit#8 - (2/1), Currently rented for $435/month. This unit has HVAC, and has been remodeled with sub floor and flooring in the last 3 years, It has a garden tub and a separate shower.

Our deep discounted wholesale properties sell very fast to cash buyers that can close quick. Because of this, we do not negotiate on price. The price shown has already been discounted and is well below market value.
Our buyers are fix and flip investors, landlords and cash home buyers looking for a deep discounted property that needs some work.
No Rent-to-own, no Lease Options, no Seller Financing. Only Cash or Hard Money Buyers.
If you are a cash buyer, message us your mobile number and email address for details, pics and the property address.

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Lot Information

Singlewide Lots: 8

Utility Information

Water: Well
Water Paid By: Park

Park-Owned Homes

Number of Park-owned Homes: 8
Average Rent for Park-owned Homes: $8

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